0001144204-06-051766 Sample Contracts

GUARANTY
Guaranty • December 8th, 2006 • Phantom Entertainment, Inc. • Services-business services, nec • Florida

GUARANTY dated as of December 7, 2006 ("Guaranty") made by Timothy Roberts, an individual residing in the State of Florida (“Guarantor”), in favor of John Fife ("Lender").

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ORIGINAL ISSUE DISCOUNT SECURED NOTE
Original Issue Discount Secured Note • December 8th, 2006 • Phantom Entertainment, Inc. • Services-business services, nec • Florida

This Note is one of a duly authorized issue of Notes of PHANTOM ENTERTAINMENT, INC., a Delaware corporation, having a principal place of business at 800 Fifth Avenue, Suite 4100, Seattle, Washington 98004 (the “Company”), designated as its Note (the “Note”) in an aggregate face amount of up to Eighty Three Thousand Three Hundred Thirty Three and 00/100 Dollars ($83,333.00) (the “Maturity Amount”). The Note shall be due (i) on March 7, 2007, or (ii) upon an event of default, as defined below (collectively, the “Maturity Date”).

STOCK PLEDGE AGREEMENT
Stock Pledge Agreement • December 8th, 2006 • Phantom Entertainment, Inc. • Services-business services, nec • Florida

STOCK PLEDGE AGREEMENT ("Agreement") entered into as of the 7th day of December 2006 by and among John Fife (the “Secured Party”), and Phantom Entertainment, Inc. (the “Pledgor”).

EMPLOYMENT AGREEMENT
Employment Agreement • December 8th, 2006 • Phantom Entertainment, Inc. • Services-business services, nec • Delaware

This EMPLOYMENT AGREEMENT (the “Agreement”) dated December 4, 2006 by and between Phantom Entertainment, Inc., a Delaware corporation (the “Company”), and Terrance Taylor, an individual (the “Employee”).

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